Saving vs
5 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which one of the following is true about saving and investing?

  • Saving is about increasing wealth, while investing is for emergencies.
  • Saving is for short-term goals, while investing is for long-term goals. (correct)
  • Saving and investing have the same level of risk.
  • Saving and investing are interchangeable terms.

    • Which one of the following is an example of a low-risk activity?

  • Driving a car (correct)
  • Flying on a plane
  • Investing in the stock market
  • Starting a business

    • Which one of the following is true about the liquidity of saving and investing?

  • Saving and investing have the same level of liquidity.
  • Liquidity doesn't matter in saving and investing.
  • Saving is more liquid than investing. (correct)
  • Investing is more liquid than saving.

    • Which one of the following is a long-term goal?

    <p>Investing for retirement</p> Signup and view all the answers

    Which one of the following is true about the risk and reward in finances?

    <p>Different levels of risk have different rewards or consequences.</p> Signup and view all the answers

    More Like This

    Saving vs
    10 questions

    Saving vs

    BlitheRubellite avatar
    BlitheRubellite
    Saving vs Investing
    10 questions

    Saving vs Investing

    BlitheRubellite avatar
    BlitheRubellite
    Investing vs Saving and Compound Interest
    9 questions

    Investing vs Saving and Compound Interest

    FormidablePrudence9791 avatar
    FormidablePrudence9791
    Investment Concepts and Financial Planning
    24 questions

    Investment Concepts and Financial Planning

    ReachableCentaur9172 avatar
    ReachableCentaur9172
    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser